Renting Out Your Second Home
Posted on January 11, 2008 - Filed Under Business | Leave a Comment
With increasing property prices in India, making investments in second home has emerged as a lucrative option for those who already have a residential house. Generally, such real estate enthusiasts prefer to go by the route of home loan to buy the house and give it on rent. The rent coupled with the tax deductions available on loan repayment paves way for the incremental outflow every month while the home becomes an immovable asset for the entire life period.
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